Proactive Security Market Analysis, Size, Share, Growth, Trends, and Forecast 2020 – 2027
Market Overview
Market Research Future
(MRFR), in its newly released research report, asserts that the Proactive
Security Market 2020 is flourishing and expected to grow significantly over the
review period, recording a substantial market valuation and a healthy 16.4%
CAGR in the forecast period.
Drivers and Restraints
The proliferation of IoT,
smart mobile devices and developments such as BYOD has increased the number of
connected devices in companies, resulting in the need for a proactive
protection program to be in place. A more significant number of connected
devices in the IT infrastructure contributes to vulnerabilities. And a growing
number of businesses opt for proactive security solutions over-reactive
security solutions. The growing number, as well as the variety of cyberattacks,
urged the companies to adopt proactive safety solutions. Additional factor leading
to proactive security industry growth is the growing need to comply with strict
data protection regulations. However, during the forecast period, the budgetary
constraints for implementing proactive cybersecurity solutions are expected to
restrict the market growth. Growing adoption of cloud-based applications across
verticals and the rising pattern of corporate digital transformation provide
lucrative opportunities for crucial proactive security providers in the global
marketplace. A small number of trained cybersecurity professionals are facing a
challenge on the market.
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Segmental Analysis
The global market for
proactive security has been analyzed on the basis of component, organization
size, and vertical.
Based on the component,
the global proactive security market has been divided into solutions and
services. The solutions segment has been segmented into security monitoring and
orchestration, risk and vulnerability management, security analytics, attack
simulation, and advanced malware protection. The services segment has been
bifurcated as professional services and managed services.
Based on organization
size, the proactive security market has been bifurcated into small- and
medium-sized enterprises (SME) and large enterprises.
Based on vertical, the
global proactive security market has been segmented into IT and
telecommunication, banking, financial services, and insurance (BFSI),
healthcare and life sciences, retail and e-commerce, government and defense,
manufacturing, energy and utilities, and others.
Regional Analysis
The geographical overview
of the global market has been conducted in four major regions, including North
America, Europe, the Asia Pacific, Latin America, the Middle East, and
Africa.
However, during the
forecast period, the budgetary constraints for implementing proactive
cybersecurity solutions are expected to restrict the market growth. Growing
adoption of cloud-based applications across verticals and the rising pattern of
corporate digital transformation provide lucrative opportunities for crucial
proactive security providers in the global marketplace. A small number of
trained cybersecurity professionals are facing a challenge on the market.
Europe is projected to be
the second-largest market during the analysis period due to the growing need
for businesses to protect data confidentiality and comply with strict regulations.
In the forecast period, Asia-Pacific is projected to be the fastest-growing
region in the global proactive protection sector. The upsurge in the adoption
of proactive security services among small and medium-sized enterprises and the
growing adoption of cloud-based security solutions are critical drivers for the
growth of the Asia-Pacific proactive safety market.
Competitive Landscape
The significant market
players operating in the global market as identified by MRFR are IBM
Corporation (US), Altran (France), Corvil (Ireland) Cisco Systems Inc. (US),
Palo Alto Networks, Inc. (the US), Securonix, Inc. (the US), LogRhythm, Inc.
(the Netherlands), Rapid7 ( US), Symantec Corporation (US), FireEye, Inc. (the
US), McAfee, LLC (US), Oracle Corporation (US), CyArx Technologies LTD (US),
AT&T (US), and FUJITSU (Japan). The key schemes implemented by most of the
players are agreements, partnerships, and collaborations.
The other players in the
proactive security market are Trustwave Holdings, Inc. (US), Skybox Security,
Inc. (the US), Swimlane LLC. (US), Splunk Inc. (US), Centrify Corporation (US),
ThreatConnect Inc. (US), RSA Security LLC. (US), FireMon, LLC. (US), DEMISTO
(US), CyberSponse, Inc. (US), Qualys, Inc. (the US), and others.
Table of Contents
1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Market Structure
Continued…
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